The Top 5 YouTube Videos You Must Watch to learn candlestic
Candlestick charts are the language of financial markets. Whether you’re trading stocks, forex, or cryptocurrencies, understanding candlestick patterns is crucial to making informed decisions. These visual representations of price movements tell a story — one of battle between buyers and sellers — and mastering their meaning can give you a powerful edge.
In this guide, we’ll briefly introduce candlesticks and their importance before diving into the Top 5 YouTube videos that are the best resources to learn candlestick analysis effectively.
Understanding Candlesticks: The Basics
Candlestick charts originated in Japan in the 18th century, thanks to a rice trader named Munehisa Homma. Over time, these charts became a foundational tool in technical analysis globally. Each candlestick provides four key pieces of information for a given time period:
- Open price: Where the price started.
- Close price: Where the price ended.
- High price: The highest point reached.
- Low price: The lowest point touched.
A candlestick typically has a body (the distance between open and close) and wicks (or shadows) that indicate the high and low prices.
When the close price is higher than the open, the candle is usually green or white, indicating bullish momentum. Conversely, a close lower than the open renders a red or black candle, signaling bearish momentum.
But beyond individual candles, patterns of multiple candlesticks — like “engulfing patterns,” “hammers,” or “shooting stars” — reveal potential shifts in market psychology and trend direction. Mastering these patterns is essential for timing entries and exits with higher accuracy.
| Candlestick Pattern | Type | Importance / Meaning |
|---|---|---|
| Hammer | Bullish Reversal | Signals a potential bottom after a downtrend; buyers are starting to gain strength. |
| Shooting Star | Bearish Reversal | Signals a potential top after an uptrend; sellers are pushing back strongly. |
| Bullish Engulfing | Bullish Reversal | A larger bullish candle completely engulfs the previous bearish candle; strong sign of buyer dominance. |
| Bearish Engulfing | Bearish Reversal | A larger bearish candle completely engulfs the previous bullish candle; sellers overpower buyers. |
| Doji | Indecision | Open and close prices are nearly the same; signals market uncertainty or a possible trend reversal. |
| Morning Star | Bullish Reversal | A three-candle pattern that marks the end of a downtrend and the beginning of an uptrend. |
| Evening Star | Bearish Reversal | A three-candle pattern marking the end of an uptrend and start of a downtrend. |
| Inverted Hammer | Bullish Reversal | Appears after a downtrend; shows buyers attempted to push prices higher, suggesting a reversal might happen. |
| Hanging Man | Bearish Reversal | Appears after an uptrend; signals weakening buying pressure and potential selling ahead. |
| Spinning Top | Indecision | Small body with long upper and lower shadows; indicates indecision between buyers and sellers. |
| Marubozu | Continuation | Long body with no shadows; shows strong buying or selling pressure without any hesitation. |
| Three White Soldiers | Bullish Continuation | Three consecutive strong bullish candles; indicates sustained buying momentum. |
| Three Black Crows | Bearish Continuation | Three consecutive strong bearish candles; signals strong selling momentum. |
| Piercing Pattern | Bullish Reversal | A bullish candle closes above the midpoint of the previous bearish candle; buyers regaining control. |
| Dark Cloud Cover | Bearish Reversal | A bearish candle closes into the body of the previous bullish candle; indicates a potential reversal. |
While books and articles offer solid foundations, YouTube videos bring candlestick concepts to life with visuals, real-market examples, and step-by-step breakdowns — perfect for visual learners.
Let’s now explore the top 5 YouTube videos that will help you truly understand and use candlestick patterns.
1. The ULTIMATE Candlestick Patterns Trading Course by Trading Lab
Duration: 14 minutes
Level: Beginner to Intermediate
Why it stands out: This is one of first The Top 5 YouTube Videos You Must Watch to learn candlestic. This comprehensive guide by TradingLab leaves no stone unturned. It starts from the very basics — what candlesticks represent — and then moves into a detailed exploration of individual patterns and pattern groups (reversals, continuations, etc.). The explanations are crystal clear, with simple animations and real chart examples that make learning engaging.
Highlights:
- Explains single-candle, double-candle, and triple-candle patterns.
- Shows how to combine candlestick patterns with support/resistance zones.
- Emphasizes how not every pattern guarantees a reversal — teaching critical thinking, not blind memorization.
Ideal for:
Those serious about developing a strong foundational skillset without being overwhelmed by jargon.
2. Top 5 Candlestick Patterns EVERY Trader Should Know by Rayner Teo
Duration: 2 Hours minutes
Level: Beginner
Why it stands out:
Rayner Teo is one of YouTube’s most respected trading educators, known for his no-fluff teaching style. In this short video, he condenses the most powerful candlestick patterns every trader should recognize and understand. This is top YouTube Videos You Watch to learn candlestic
Highlights:
- Covers essential patterns like the bullish engulfing, hammer, and shooting star.
- Focuses on context — understanding where patterns form (at support, resistance, trend) rather than just memorizing shapes.
- Practical trading tips included.
Ideal for:
Busy learners who want the most effective lessons without an overwhelming time commitment.
3. Candlestick Patterns Explained For Beginners by Trading 212
Duration: 15 minutes
Level: Beginner
Why it stands out:
Trading 212 has put together one of the most beginner-friendly explanations of candlesticks available. It doesn’t just name patterns; it explains why they form, helping you think like a trader, not a pattern spotter.
Highlights:
- Clean visuals and animations that make concepts easy to digest.
- Explanation of the psychology behind patterns — why traders act the way they do.
- Examples pulled from real-world charts.
Ideal for:
Absolute beginners who want a quick, visual crash course to get started immediately.
Best Candlestick Signals That Work Every Time
Duration: 14 minutes
Level: Intermediate to Advanced
Why it stands out:
If you’ve already grasped the basics and want to move beyond typical “hammer” and “doji” talk, this video is a must-watch. The Secret Mindset focuses on patterns used by institutional traders and how to recognize them in the context of “smart money” behavior.
Highlights:
- Shows how to avoid common beginner traps with candlestick signals.
- Introduces concepts like false breakouts, order blocks, and liquidity grabs.
- Real examples from forex and stock markets.
Ideal for:
Traders ready to elevate from basic pattern recognition to strategic thinking aligned with professional traders.
5. Candlestick Trading Full Course | Candlesticks Free Masterclass
Duration: 1 hour 30 minutes
Level: Beginner to Intermediate
Why it stands out:
This video does an excellent job blending candlestick patterns with price action trading — a highly respected form of technical analysis that focuses on pure price movement rather than indicators.
Highlights:
- Deep dive into price action signals like pin bars, inside bars, and fakey patterns.
- Teaches not just the pattern, but how to use confluence — combining patterns with market structure for more reliable trades.
- End-to-end beginner roadmap included.
Ideal for:
Those who want a more complete trading philosophy built around candlesticks, not just isolated patterns.
Final Thoughts: Which One Should You Start With?
If you are completely new, I recommend beginning with Rayner Teo’s video for a quick foundation, then following up with TradingLab’s ultimate course for depth.
If you already know the basics and want to think like a professional trader, The Secret Mindset’s smart money candlestick guide will be your next level.
Remember: Mastery comes from practice, not just passive watching. After each video:
- Open real or demo trading charts.
- Try identifying candlestick patterns yourself.
- Observe where they form relative to trends and support/resistance zones.
By combining visual education with real practice, you’ll quickly find yourself reading candlesticks like a seasoned trader — turning confusion into clarity, and hesitation into confident decision-making.
Which video are you planning to start with?
If you’d like, I can also suggest a full step-by-step learning plan using these videos + some free PDFs and books. 📚🎯
Would you like me to create that for you too? 🚀
